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Taxpayer puts in $2,000,000 of assets (FMV) into a corporation in exchange for another asset. His basis is 300,000. If this transaction is taxable what

Taxpayer puts in $2,000,000 of assets (FMV) into a corporation in exchange for another asset. His basis is 300,000. If this transaction is taxable what is the: Realized gain/ loss: Recognized gai...

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